Capitalism is Still the Problem

https://lemmy.world/post/3400354

Capitalism is Still the Problem - Lemmy.world

Counterpunch.org [http://Counterpunch.org]

I’m so sick of this nonsense.

Capitalism is the greatest generator of wealth ever created. The problem isn’t the system generating the wealth. The problem is how we DISTRIBUTE the wealth that has been generated.

Any solution that doesn’t recognize that is just ignoring the very clear history of economic systems.

Capitalism sucks, but it’s better than every other economic system ever attempted.

Let’s fix it with Democratic socialism, not burn it down and become the next USSR.

Well - who decides how wealth is “distributed”? How much does the person that generated the wealth get to keep? Who decides what gets spent on what? agree with you in principle here and I am sick of anti-capitalists whiners. But, when I hear “distribute”…I get nervous because who is in charge of that? Like politicians? eeeeewwww.
  • The people decide. Through there elective representatives.

  • This whole post is about an awareness that the “person” generating the wealth is actually hundreds of thousands of people generating the wealth.

  • Bill Gates didn’t generate 80 billion dollars. He just positioned himself in manner to that allowed him to hoard 80 billion dollars in wealth generated by countless software engineers and other workers.

  • I don’t understand being squeamish about ANYONE trying to redistribute wealth. Right now there’s like 3 people who have as much wealth as the bottom HALF of Americans (~150,000,000 people). The situation is beyond ridiculous.
  • So - the elected representatives means the “usual” politicians? See, the problem is that means we are right where we are now with zillions of dollars being pissed away on “stuff” that a lot of us disagree with. I dont disagree that wealth is too accumulated up top, but I disagree that someone like gets to decide. And, if they are elected, that means those that fund their campaigns get more “say” than anyone else does.

    So, instead of taxes and wealth confiscation, we encourage businesses to pay more through tax relief that has to go directly to payroll? Maybe make it so a certain % of profits must be used for raises and bonuses? Stuff like that sounds better to me than some Washington boob deciding that money Ive earned out to be spent on xxxxx pet project.

    I think getting money completely out of politics would have to come with any democratic solution
    Love to get money out of politics but politics sort of is money. It will always be driven by money. Sucks.
    It doesn’t have to be. We can have fair elections where every candidate gets the same exposure via a public fund specifically for elections. Outlaw lobbying and pacs and have every candidate just debate/speak on stream
    I agree - Id love to see more candidates and most money removed. Good Luck though.